Media coverage about American Homes 4 Rent (NYSE:AMH) has been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. American Homes 4 Rent earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 46.1547267847764 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several research firms have commented on AMH. Evercore ISI upgraded shares of American Homes 4 Rent from an “in-line” rating to an “outperform” rating and set a $24.50 target price for the company in a research report on Monday, December 4th. FBR & Co restated a “buy” rating and issued a $26.00 target price on shares of American Homes 4 Rent in a research report on Friday, September 29th. Keefe, Bruyette & Woods upgraded shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 7th. J P Morgan Chase & Co upgraded shares of American Homes 4 Rent from a “neutral” rating to an “overweight” rating and set a $26.00 price objective for the company in a report on Friday, December 15th. Finally, BTIG Research assumed coverage on shares of American Homes 4 Rent in a report on Monday, October 9th. They issued a “buy” rating and a $26.00 price objective for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $25.22.
American Homes 4 Rent (NYSE:AMH) traded down $0.20 during trading on Friday, hitting $21.78. 1,091,727 shares of the stock traded hands, compared to its average volume of 2,006,073. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $6,227.95, a PE ratio of -2,178.00, a PEG ratio of 1.84 and a beta of 0.68. American Homes 4 Rent has a twelve month low of $20.09 and a twelve month high of $23.98.
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Tuesday, January 2nd will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date is Friday, December 29th. American Homes 4 Rent’s payout ratio is -2,000.00%.
In other American Homes 4 Rent news, Director B Wayne Et Al Hughes bought 101,678 shares of American Homes 4 Rent stock in a transaction that occurred on Tuesday, November 7th. The stock was purchased at an average cost of $21.87 per share, for a total transaction of $2,223,697.86. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have purchased 1,670,950 shares of company stock valued at $35,816,444 over the last 90 days. 27.82% of the stock is currently owned by insiders.
American Homes 4 Rent Company Profile
American Homes 4 Rent is an internally managed real estate investment trust (REIT) focused on acquiring, renovating, leasing and operating single-family homes as rental properties. The Company’s primary objective is to generate attractive risk-adjusted returns for its shareholders through dividends and capital appreciation by acquiring, renovating, leasing and operating single-family homes as rental properties.
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